EXHIBIT 11
Statement Regarding Computation of Per Share Earnings
SOUTHERN MISSOURI BANCORP, INC. AND SUBSIDIARY
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
Year Ended June 30, | ||||||||||||
2016 | 2015 | 2014 | ||||||||||
(dollars in thousands except per share data) | ||||||||||||
Basic Average shares outstanding | 7,430,170 | 7,337,437 | 6,616,360 | |||||||||
Net income | $ | 14,848 | $ | 13,668 | $ | 10,081 | ||||||
Less: effective dividend on preferred shares | - | - | - | |||||||||
Less: effective dividend on preferred shares | 85 | 200 | 200 | |||||||||
Net income available to common stockholders | $ | 14,763 | $ | 13,468 | $ | 9,881 | ||||||
Basic earnings per share available to common stockholders | $ | 1.99 | $ | 1.84 | $ | 1.49 | ||||||
Diluted Average shares outstanding | 7,430,170 | 7,337,437 | 6,616,360 | |||||||||
Net effect of dilutive securities – based on the treasury stock method using the period end market price, if greater than average market price | 28,589 | 169,795 | 184,054 | |||||||||
Total | 7,458,759 | 7,507,232 | 6,800,414 | |||||||||
Net income | $ | 14,848 | $ | 13,668 | $ | 10,081 | ||||||
Less: effective dividend on preferred shares | - | - | - | |||||||||
Less: effective dividend on preferred shares | 85 | 200 | 200 | |||||||||
Net income available to common stockholders | $ | 14,763 | $ | 13,468 | $ | 9,881 | ||||||
Diluted earnings per share available to common stockholders | $ | 1.98 | $ | 1.79 | $ | 1.45 | ||||||